x
NVE Corporation In Perspective (NASDAQ:NVEC) | Seeking Alpha
IoT News save
H
Posted

media

No media yet. 

details

NVE Corporation In Perspective (NASDAQ:NVEC) | Seeking Alpha

NVE Corporation reported fiscal 2020 fourth quarter and full-year results on May 6th. Its performance is more relevant when viewed in perspective.

Revenue declined YoY but not at the rate of the industry. NVE generated record operating cash and net income. Its cash balance should help protect future dividend payments.

Its cash should also position NVE to weather the pandemic. More importantly, the focus of its spintronics products should position the company to deliver technology necessary in a post-pandemic recovery. Read more…

 

No comments yet.

Commenting is limited to those invited by others in the community
or learn more.

x

Add to Collection